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2025-02-07
12:17
MegaSkip DAO MegaETH Sale Metrics Suggest Caution

According to @bolsaverse, the MegaETH sale by MegaSkip DAO is surrounded by hype; however, an analysis of the metrics suggests caution. The NFT supply for sale is 10,000, each priced at 1 ETH, leading to a fully diluted valuation (FDV) at sale of 200,000 ETH, or approximately $600 million. The sale represents only 5% of the total tokens, which indicates a high valuation that may not be justified by the current market conditions. This analysis suggests potential investors should carefully consider the high FDV before participating in the sale.

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